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$649 - $665Studio Apartments Available Now
Glenstone Studios
2215 E 56th StIndianapolis, IN 46220
Cheap Apartments for Rent in the Devon Neighborhood of Indianapolis, IN from $545 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Devon area of Indianapolis.
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$699Studio Apartments Available Now
3165 Station St, Unit B
3165 Station StIndianapolis, IN 46218
3165 Station St
IndianapolisIN46218
3725 N Sherman Dr
IndianapolisIN46218
4804 E 34th St
IndianapolisIN46218
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$895 - $1,3501 to 2 Bedroom Apartments Available Now
Trails at Lakeside
3836 Arbor Green LnIndianapolis, IN 46220
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$899 - $1,3791 to 3 Bedroom Apartments Available Now
The Prairies Apartment Homes
4555 N ArlingtonIndianapolis, IN 46226
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$923 - $1,614Studio to 4 Bedroom Apartments Available Now
Chateau De Ville
5303 Rue De VilleIndianapolis, IN 46220
6118 Dickson Rd
IndianapolisIN46226
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
6059 Dickson Rd
IndianapolisIN46226
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$995 - $1,1802 Bedroom Apartments Available Now
Park Forest Apartments
4521 Park Forest CtIndianapolis, IN 46226
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$999 - $1,6501 to 3 Bedroom Apartments Available Now
A62 Apartments
6111 Allisonville RdIndianapolis, IN 46220
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$999 - $1,1501 to 2 Bedroom Apartments Available Now
Willow Brook
2111 E 52nd StIndianapolis, IN 46205
3709-3711 Kinnear Ave
IndianapolisIN46218
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$1,007 - $2,1921 to 5 Bedroom Apartments Available Soon
Blackburn Terrace
3091 Baltimore AveIndianapolis, IN 46218
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$1,015 - $1,4951 to 2 Bedroom Apartments Available Now
Fallwood
5200 E Fall Creek Parkway North DrIndianapolis, IN 46220
3720 N Butler Ave
IndianapolisIN46218
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$1,079 - $13,359Studio to 3 Bedroom Apartments Available Now
Brockton
5778 Brockton DrIndianapolis, IN 46220
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
3415 N Colorado Ave
IndianapolisIN46218
3135 Forest Manor Ave
IndianapolisIN46218
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$1,1002 Bedroom Apartments Available Now
4200 N Arlington Ave, Unit 3
4200 N Arlington AveIndianapolis, IN 46226
5976 Radnor Rd
IndianapolisIN46226
5960 42nd St
IndianapolisIN46226
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Studio to 4 Bedroom Apartments
The Villages at Mill Crossing
3615 Sherman Forest DrIndianapolis, IN 46205
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1 Bedroom Apartments
3825 N Whittier Pl
3825 N Whittier PlIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Overlook at the Fairgrounds
1720 E 38th StIndianapolis, IN 46218
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1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
3754 Baltimore Ave
IndianapolisIN46218
3238 N Ralston Ave
IndianapolisIN46220
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1 to 3 Bedroom Apartments
Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
2221 E 38th St
IndianapolisIN46218
3519 N Sherman Dr
IndianapolisIN46218
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1 to 2 Bedroom Apartments
The Point on Fall Creek
2717 Anna LnIndianapolis, IN 46205
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2 Bedroom Apartments
6111 Laurel Hall Dr
6111 Laurel Hall DrIndianapolis, IN 46226
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2 Bedroom Apartments
6028 Laurel Hall Dr
6028 Laurel Hall DrIndianapolis, IN 46226
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2 Bedroom Apartments
6118 Dickson Rd
6118 Dickson RdIndianapolis, IN 46226
Devon - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
2223 E 38th St
IndianapolisIN46218
5541 E 40th St
IndianapolisIN46226
2001 E 38th St
IndianapolisIN46218
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1 to 3 Bedroom Apartments
7 Pointe Apartments
4724 Round Lake RdIndianapolis, IN 46205
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1 to 3 Bedroom Apartments
Monon Park, Managed by Buckingham Monon Living
5801 N Olney StIndianapolis, IN 46220
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1 to 3 Bedroom Apartments
Chateau in the Woods
4020 Monaco DrIndianapolis, IN 46220
4326 Crittenden Ave
IndianapolisIN46205
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1 to 3 Bedroom Apartments
Fountain Parc
4901 Whitton PlIndianapolis, IN 46220
4006 Millersville Dr
IndianapolisIN46205
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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1 to 2 Bedroom Apartments
Harbour Pointe
4400 E Fall Creek Parkway North DrIndianapolis, IN 46205
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1 to 2 Bedroom Apartments
Forty Six Flats
2511 E 46th StIndianapolis, IN 46205
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2 Bedroom Apartments
Ashton Park
2917-3039 E 47th StIndianapolis, IN 46205
Showing Results 1-48, Page 1 of 1
Devon, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Devon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Devon Studio Apartments | $1,108 | $665 | $1,354 |
| Devon 1 Bedroom Apartments | $1,161 | $895 | $2,224 |
| Devon 2 Bedroom Apartments | $1,398 | $799 | $10,000+ |
| Devon 3 Bedroom Apartments | $2,065 | $1,200 | $7,679 |
| Devon 4 Bedroom Apartments | $1,912 | $1,912 | $1,912 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Devon Neighborhood of Indianapolis, IN.
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Devon, Indianapolis, IN Local Guide
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Cheapest Available Devon Apartments for Rent
The cheapest available apartment rental in the Devon area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $703. Here are the most affordable Devon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenstone Studios | Studio | Studio, 1BA | $649 |
| East Village at Avondale Meadows Apartments | A1 | 1BR, 1BA | $703 |
| Trails at Lakeside | Victoria | 1BR, 1BA | $895 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR, 1BA | $899 |
| Chateau De Ville | S1 Bordeaux | Studio, 1BA | $923 |
| 6028 Laurel Hall Dr | 2BR/1.0BA | 2BR, 1BA | $950 |
| 6118 Dickson Rd | 2BR/1.0BA | 2BR, 1BA | $950 |
| 6111 Laurel Hall Dr | 2BR/1.0BA | 2BR, 1BA | $950 |
| Park Forest Apartments | 2BR/1BA | 2BR, 1BA | $995 |
| A62 Apartments | LePetit | 1BR, 1BA | $999 |
Best Value Apartments for Rent in Devon, IN
As of September 18, 2026 the best value apartment in the Devon area is the $1.09 price per square foot 3 Bed 1.5 Bath Model at Monon Park, Managed by Buckingham Monon Living in the Devonshire neighborhood starting from $1,464. The second greatest value Devon apartment is the 2BR/1BA Model at Park Forest Apartments in the Southeast Indianapolis neighborhood starting at $995 with a $1.07 price per square foot. Here is today’s list of the best values for Devon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Monon Park, Managed by Buckingham Monon Living | 3 Bed 1.5 Bath | 3BR, 1.5BA | $1.09 |
| Park Forest Apartments | 2BR/1BA | 2BR, 1BA | $1.07 |
| 6028 Laurel Hall Dr | 2BR/1.0BA | 2BR, 1BA | $1.09 |
| 7 Pointe Apartments | Crimson | 1BR, 1BA | $1.35 |
| Fallwood | 1 Bed/1.5 Ba Dn | 1BR, 1.5BA | $1.34 |
| 6118 Dickson Rd | 2BR/1.0BA | 2BR, 1BA | $1.27 |
| 6111 Laurel Hall Dr | 2BR/1.0BA | 2BR, 1BA | $1.31 |
| East Village at Avondale Meadows Apartments | A2 | 1BR, 1BA | $1.43 |
| Willow Brook | One Bedroom One Bath | 1BR, 1BA | $1.43 |
| Trails at Lakeside | Victoria | 1BR, 1BA | $1.51 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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If you’re an expert on all things Devon, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDevon, Indianapolis, IN
Ranked #169
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Devon Apartments
What is a cheap apartment in Devon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Devon is under $999.
What is the price of a cheap apartment in Devon?
The cheapest apartment in Devon is East Village at Avondale Meadows Apartments which is listed at $703, while the average apartment in Devon costs $1,189.
What types of apartments are the cheapest in Devon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Devon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Devon?
Cheap apartments in Devon have an average cost of $258 which is $931 cheaper than the average rent for all rentals in Devon.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.